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Employee and Retiree Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2014
Employee and Retiree Benefit Plans [Abstract]  
Components of Net Periodic Benefit Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Pension Benefits

 

Other Postretirement Benefits

(Thousands of dollars)

 

2014

 

 

2013

 

2014

 

2013

Service cost

$

6,208 

 

 

7,252 

 

 

672 

 

 

1,232 

Interest cost

 

8,239 

 

 

8,450 

 

 

1,278 

 

 

1,352 

Expected return on plan assets

 

(8,506)

 

 

(8,257)

 

 

– 

 

 

– 

Amortization of prior service cost

 

227 

 

 

262 

 

 

(20)

 

 

(35)

Amortization of transitional asset

 

208 

 

 

125 

 

 

 

 

Recognized actuarial loss

 

1,735 

 

 

4,591 

 

 

59 

 

 

391 

Special termination benefits

 

– 

 

 

849 

 

 

– 

 

 

– 

Curtailments

 

– 

 

 

1,366 

 

 

– 

 

 

(443)

Net periodic benefit expense

$

8,111 

 

 

14,638 

 

 

1,990 

 

 

2,499 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

Pension Benefits

 

Other Postretirement Benefits

(Thousands of dollars)

2014

 

2013

 

2014

 

2013

Service cost

$

19,048 

 

 

21,949 

 

 

2,016 

 

 

3,629 

Interest cost

 

24,707 

 

 

22,581 

 

 

3,833 

 

 

3,865 

Expected return on plan assets

 

(25,514)

 

 

(21,526)

 

 

– 

 

 

– 

Amortization of prior service cost

 

680 

 

 

841 

 

 

(61)

 

 

(121)

Amortization of transitional asset

 

628 

 

 

366 

 

 

 

 

Recognized actuarial loss

 

5,201 

 

 

12,882 

 

 

177 

 

 

1,321 

Special termination benefits

 

– 

 

 

849 

 

 

– 

 

 

– 

Curtailments

 

– 

 

 

1,366 

 

 

– 

 

 

(443)

Net periodic benefit expense

$

24,750 

 

 

39,308 

 

 

5,969 

 

 

8,257